FOREX New York Session Video September 26, 2007

The EUR/USD simply fizzled today following the release of U.S. durable goods orders news. Fortunately, the dollar yen had already been moving up during the prior sessions, and got its second wind in today's New York session. After a conservative entry at the 5 ema following the break and re-test of the M4 pivot point, it was a “ride the 5” scenario all the way to London close for a 30-pip profit.